$3.75M Deal Made for Jacksonville Retail Site

$3.75M Deal Made for Jacksonville Retail Site
A Google Street View image of the retail center at 612 JP Wright Loop Rd. in Jacksonville (© Google)

A 371,784-SF retail center in Jacksonville has been sold for $3.75 million, Pulaski County property records show. 

The Lasiter Group of Little Rock announced that its TLBT LLC had sold the property at 612 JP Wright Loop Road. The buyer is listed as Pabani Brothers LLC, led Akbar Pabani and Aziz Pabani.

Lasiter acquired the 8.53-acre site for $1.1 million in 2012, when it was an unoccupied former Walmart location.

Tenants now include the discount chains Bargain Hunt and Dirt Cheap, and the national fitness chain Planet Fitness.